Latest News

April 10, 2025 / business, Taiwan

Taiwan may boost U.S. imports with focus on LNG

Taiwan is considering increasing its liquefied natural gas (LNG) imports from the US from 10% to 30% to help reduce...
Read More
April 9, 2025 / business, Taiwan

Taiwan activates NT$88bn relief as US tariffs hit economy

Taiwan's National Stabilization Fund (NSF) activated NT$88 billion as part of a broader NT$500 billion effort to support the stock...
Read More
April 9, 2025 / business

Total tariffs on Chinese goods will reach a whopping 104%

The White House has published a document confirming that China's 34% tariff rate - set to come into effect in...
Read More
April 8, 2025 / energy transition

Trump drops IMO carbon talks, threatens retaliation over emission fees

The Trump administration announced its withdrawal from International Maritime Organization (IMO) negotiations aimed at decarbonising the shipping industry and warned...
Read More
April 7, 2025 / energy transition

BP chairman announces departure as strategic shift takes hold

BP chairman Helge Lund has announced plans to step down, likely in 2026, with a succession process now underway led...
Read More
April 7, 2025 / business

Stolt-Nielsen reports strong Q1 2025 unaudited results

Stolt-Nielsen reported a net profit of $151.4 million for the first quarter of 2025 on revenue of $675.6 million, compared...
Read More
April 7, 2025 / business

Steering through uncertainty: emerging trends in the chemical tanker market

Maritime Strategies International (MSI) analyst Bonita Nightingale highlights that while chemical and edible oil trade has grown modestly in 2024,...
Read More
April 6, 2025 / business

Odfjell plans fleet renewal with up to 12 newbuilds

Odfjell plans to modernize its fleet with 6 to 12 new stainless steel tankers starting around 2027, at a potential...
Read More
April 5, 2025 / business, Taiwan

Taiwan’s GDP growth expected to fall below 3% due to tariffs

Taiwan's economy, which is heavily reliant on exports, is projected to grow by less than 3% in 2025 due to...
Read More
April 4, 2025 / business

Shipping stocks tumble amid China’s tariff retaliation

Shipping stocks fell sharply on Friday as China hit back at U.S. tariffs. New York-listed companies like Dorian LPG and...
Read More
April 4, 2025 / business, Taiwan

Taiwan must address tariffs and evaluate U.S. petrochemical investment to meet Trump’s goals

Taiwan needs to review its import duties and trade practices to address trade barriers that led to the 32% reciprocal...
Read More
April 4, 2025 / business

China imposes retaliatory tariffs on all U.S. imports

China has announced a 34% tariff on all U.S. imports starting April 10, in retaliation to U.S. tariffs. Exemptions apply...
Read More
April 4, 2025 / energy transition, Taiwan

Taiwanese offshore wind contractor Dong Fang orders subsea vessel

Dong Fang Offshore, a Taiwanese offshore services provider, has signed a US$125.9M contract with Vard for a new subsea construction...
Read More
April 4, 2025 / business

Nanjing Tanker appoints new chairman

Nanjing Tanker has appointed Lei Ding as its new chairman, following the resignation of Yi Zhang due to job changes....
Read More
April 3, 2025 / energy transition

IATA introduces global SAF registry to speed up aviation’s net zero transition

The International Air Transport Association (IATA) has officially launched the Sustainable Aviation Fuel (SAF) Registry under the Civil Aviation Decarbonization Organization (CADO). This...
Read More
April 3, 2025 / energy transition, Taiwan

Taiwan Fertilizer powers chip industry with blue ammonia

Taiwan Fertilizer has shipped 6,000 metric tons of blue ammonia to Taiwanese semiconductor firms, marking a significant step in the...
Read More
April 3, 2025 / business, Taiwan

Economics expert criticizes US tariff calculations on Taiwan as crude and unfair.

The US has imposed a 32% tariff on Taiwanese goods, which Chung-Hua Institution for Economic Research (CIER) President Lin Hsien-ming...
Read More
April 3, 2025 / business

Shell completes sale of interest in Singapore Energy and Chemicals Park

Shell Singapore has completed the sale of its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint...
Read More
April 3, 2025 / business, Taiwan

Taiwan responds to threats from cable-cutting ships

In response to recent subsea cable damage and security concerns, Taiwan has implemented stricter port visit procedures for ships from...
Read More
April 2, 2025 / business

Rising fuel demand clashes with refinery shutdowns: 1 in 5 at risk

Refineries worldwide are shutting down or switching to biofuels due to rising costs, carbon taxes, and decarbonization policies, despite stable...
Read More
1 2 3 8